The carrier today announced that the e-commerce payment service, based on services created by Danal Inc. will be launched later this spring.
The service will require text messaging-enabled phones, and that purchases be made from Verizon-approved online stores, which include game sites and social networks.
The service requires that customers click a BilltoMobile button during checkout from a participating online Web site. Users will be asked to input their mobile numbers and mobile billing zip codes for authentication.
Verizon Payment System
Source: http://www.notepage.net/blog.htm#1080
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